2025-12-28 16:21:48

ZEC's recent rally is indeed worth analyzing. From the 4-hour chart, it broke through the previous ascending triangle resistance, with the key level at $470 being cleanly crossed. The daily chart shows a more intuitive picture— the 50-day moving average crossing above the 200-day moving average, forming a golden cross. This technical signal usually indicates a strong bullish momentum.

However, there are some points to be cautious about. The RSI index has already climbed to around 81, indicating an overbought condition. While many in the market are calling for a surge to $650, the risk of liquidation on high-leverage contracts is significant, and a technical correction could happen at any time.

Behind this round of ZEC's rise, it's not just following the market trend. Repricing by institutions, upgrades and iterations in technical governance, and the support of large holders with high leverage are all factors coming together. Its current performance is a bit different—it’s not just swinging with the market but seems to be independently rediscovering the value of privacy assets.

ZEC2.33%

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AirdropGrandpa

· 2h ago

I've seen too many golden crosses, and every time there's a correction, it gets cut in half. Is ZEC really different this time? --- RSI is at 81, and some people are still calling for 650? I wonder how many will be forced to liquidate before they’re satisfied. --- The value of privacy assets is being rediscovered. It sounds good, but in reality, it still depends on the mood of the big players. --- Breaking below 470 was clean and decisive, but after breaking support, I've seen many scenes where the price just crashes back down. --- The idea that institutions are re-pricing is a bit exaggerated; it feels like just storytelling for retail investors. --- Pushing higher in overbought conditions? That’s usually the most dangerous time, with long contracts piled up like a mountain. --- It seems ZEC is starting to entertain itself again. Let’s wait and see how it ends. --- Technical retracements sound uncomfortable; then you have to wait several months to break even again. --- Moving averages crossing doesn’t mean much; the key is still the capital flow. Is the money really coming in or just fake? --- The privacy coin line has been under regulatory pressure all along. The more ZEC rises aggressively, the greater the risk. This correction might not be far off.

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ArbitrageBot

· 2h ago

RSI is already at 81, and you're still daring to chase? I think you're really eager to get trapped.

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